MIRA
INFORM REPORT
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Report Date : |
28.05.2007 |
IDENTIFICATION DETAILS
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Name : |
DWP TECHNOLOGIES (PRIVATE) LIMITED |
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Registered Office : |
12-C,
Block-K, |
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Country : |
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Date of Incorporation : |
1997 |
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Com. Reg. No.: |
00000012504 |
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Legal Form : |
Private Limited
Company |
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Line of Business : |
Import & Distribution of Office Products, Networking Equipments,
Computer Peripherals and Information Technology Products. |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Business Name
DWP TECHNOLOGIES (PRIVATE) LIMITED
Full Address
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Registered Address |
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12-C,
Block-K, |
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Tel |
92 (42) 111-005-006 |
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Fax |
92 (42) 5755368 |
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Short Description Of
Business
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Nature of Business |
Import & Distribution Business |
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Year Established |
1997 |
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Registration # |
00000012504 |
Branches
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Address |
5, |
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Tel # |
92 (42) 5754713,
5754923, 5755046 |
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Fax # |
92
(42) 5753721 |
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Address |
65 E, Pak Pavillion Plaza, Fazal-e-Haq Road, Blue Area,
Islamabad, Pakistan |
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Tel # |
92 (51) 111-005-006 |
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Fax # |
92
(51) 2826648 |
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Address |
Mandviwalla Chambers, |
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Tel # |
92 (21) 111-005-006 |
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Fax # |
92 (21)
2444249 |
Auditors
Mansha Mohsin Dossani Khan & Co.
(Chartered Accountants)
3rd Floor, Sharjah Centre, 62, Shadman Market,
Legal Status
Subject Company was established as a Partnership business in 1997 then afterwards it was converted to Private Limited Company in 2003
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Authorised Capital |
Rs. 175,000,000/- |
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Issued & Paid up Capital |
Rs. 129,234,000/- |
Details of Directors
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Names |
Address |
Occupation |
Designation |
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Mr. Muhammad Farooq Naseem Mr. Murtaza Yusuf Mandviwala Mrs. Roohi Farooq Naseem |
5, 5, 5, |
Business Business Business |
Chief Executive Director Director |
Shareholders
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Names |
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Mr. Muhammad Farooq Naseem Mr. Murtaza Yusuf Mandviwala Mrs. Roohi Farooq Naseem |
Associated Companies
Document World
Business Activities
Import & Distribution of Office Products, Networking Equipments, Computer Perapherals, Information Technology Products such as Copiers, Printers, Multifunction Devices, Imaging Products, Scanners, Hubs, Switches, Routers, Local Area Network (LAN), Wide Area Network (WAN), Wireless Communication IP Based Solutions Voice and Video Solutions, Virtual Private Networking Solution, Content Networking and Storage Solutions, Structured Cabling, Computing and Storage Solutions, includes Desktop Computers Computer Servers Computer Notebooks/Laptop Data Centre Computing Storage Solutions (SAN, DAS, NAS) - Software Solutions, includes Microsoft based Office Automation / Infrastructure Solutions Open Licensing, Enterprise Agreements
Number of Employees
70 - 80
Annual Sales Volume
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Year |
In Pak Rupees |
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2006 |
100,000,000/- (Estimated) |
Principals (Foreign)
(1) XEROX MIDDLE EAST &
AFRICA.
(2) XEROX
CORPORATION,
(3) SAMSUNG
ELECTRONICS,
(4) DELL
ASIA
(5) CISCO
SYSTEMS INC,
(6) ALLIED
TELESYN INC,
(7) BELDEN
IBDN,
Clientele (
(1) Economic Affairs Division.
(2) Export Promotion Bureau
(3) Heavy Industries, Taxila.
(4) Heavy Mechanical Complex.
(5) Karachi Electric Supply Corporation.
(6)
(7)
(8) Pakistan Security Printing Corporation.
(9) Pakistan Steel Mills Corporation Limited.
(10) Security Papers Limited.
(11) Sui Northern Gas Pipelines Limited.
(12) Sui Southern Gas Company Limited.
(13) Trading Corporation of
(14) Water and Power Development Authority.
(15) Bank of
(16) Habib Metropolitan Bank Limited.
(17) Bank Alfalah Limited,
Bankers
(1) NIB Bank Limited,
(2) Citibank N.A., EFU House, 5th
Floor,
90,000,000/-)
(3) Habib Metropolitan Bank Limited, 19-B,
150,000,000/-)
Memberships
All
Foreign Exchange
Rates
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Currency |
Unit |
Pakistani Rupee |
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US Dollar |
1 |
Rs. 60.93 |
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1 |
Rs. 122.55 |
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Euro |
1 |
Rs. 81.65 |
Comments
Subject Company enjoys good reputation in
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems comparatively
below average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)